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through, especially today. the fed is pumping action of billions of dollars in the market every month. the same time they're staying low or longer or slower longer which is an inflationary message . liz: again, people still look at that as a safety play, and i don't know if they should. >> because of the deflationary aspect we won't see inflation in the short term. deflationary in the short term. you could see that up to one and a quarter or below one. be careful about getting in front of that. it happens later than sooner. we have to worry about deflationary. liz: i should have been clearer when i said, are they fully yen. what i meant was fully engaged. watching the news flow, reading the new york times and the "wall street journal" to make sure they are on top of the fiscal cliff story. hard to go on vacation. >> absolutely. held in late now. more rhetoric than answers. we need more direction and tangible news so we can go forward. liz: that's higher. people have not even heard mention that it becomes the sort of holiday driving season. people get in the cargo visit their grandpare
called real action right now to reduce gun violence after the school massacre in newtown, connecticut. he put vice president biden in charge of a government-wide effort, but gave him only until january to recommend new laws and executive orders. mr. obama pointed to assault rifles like the one used in the sandy hook attack to access to mental health care and to what he called a culture of that glorifies violence. major garrett is at the white house for us tonight. major? >> reporter: scott, gun control has never been an obama administration priority. it is now, and the clock is ticking on vice president joe biden's gun violence task force. mr. obama wants to announce new initiatives before his state of the union address in late january. >> there's no law or set of laws that can prevent every senseless act of violence in our society. we're going to need to work on making access to mental health care at least as easy as access to a gun. we're going to need to look more closely at a culture that all too often glorifies guns and violence. and any actions we must take must begin inside the hom
action is here. >> just four days until taxes go up for all americans. tonight what you're telling washington. >>> not again, a giant storm on the move. >>> scare at sea, the cruise ship nightmare unfolding, the captain who warned the passengers ahead of time, but it didn't work. >>> and at last. ♪ at last the american greats me lost this year. ♪ moon river the lasting gifts and the laughs they leave behind. >> everything you do, do it cool. stand back. >>> good evening on this friday night. diane is spending this holiday weekend with her family. we begin with the 11th hour high stakes meeting at the white house late today to avoid the fiscal cliff. but no deal, asanger builds across the country, the clock is ticking. just four days left before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,500. this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go
to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not going to have any patience for a politically, self-inflicted wound to our economy. >> reporter: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours trying to come to a bipartisan agreement on a smaller fallback plan to keep at least some taxes from going up. after the meeting, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting with the president and all the congressional leaders in six weeks. it follows an impasse that has shaken wall street, the dow down more than 400 points since talks stalled last week. and on main street, business owners like drew greenblatt, who owns a wire basket manufacturing company in baltimore, say the coming fiscal cliff is already causing pain because they just don't know what will happen to their taxes. >> right now we're doing our
. are these real? we find out the answers tonight. >>> good evening. we begin with the promise of action in the wake of tragedy. president obama saying today he will use all the powers of his office to help americans work together to end an epidemic of gun violence in this country. so, what will the president do first? abc's jake tapper was there and questioned the president today. jake? >> reporter: good evening, diane. after years of what critics charge has been not much discussion and even less action on the issue of addressing gun violence, today, president obama said that the tragedy at sandy hook changed everything, and now focusing on these issues will be at the forefront of his agenda. the president promised action. >> so, i will use all the powers of this office to help advance efforts aimed at preventing more tragedies like this. we won't prevent them all, but that can't be an excuse not to try. >> reporter: he pledged that his administration would look at the mental health, education, cultural and gun control aspects of this tragedy. and to head the effort, he appointed vice p
. still no real action as far as what we can see coming out on the looming fiscal cliff, we have a look at the very latest proposal. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you
if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan b stunt no further legislation can move through the senate until republicans drop their knee jerk obstruction. the house is literally phoning it in, tomorrow's conference call will reportedly include the entire caucus, not just republican leadership, the irony is that if we go over the cliff, the president will get whatever he wants on texas, and there's been a growing acknowledgement of this by some house and senate republicans. here's senator johnny isaacsohn of georgia. >> if we get down to the end of this year, and the
announced they want no part of the sale of high powered guns. and the president today, with the action he is going to take. we heard from the first time from the powerful national rifle association says they want to make sure a tragedy like this never happens again. chris cuomo with more on this. chris? >> diane, people are moved. the question, which actions will follow? and the answers are starting to take shape. with each body buried, calls for change grow. just today, the white house voicing support for renewal of the assault weapon ban and that they would take back. >> investment managers announcing the sail of the biggest maker of the assault rifles. what prompted the move, the union said that it was investigating its deal with cerbus. >> people are passionate about this issue. >> reporter: people see it as a step, making assault rifles taboo. >> at the end of the day, it's not the dollar that counts. but the sense. the sense of what they are going with their money. the sense of the weapons we are selling to the general bub lick. >> reporter: but in the wake of the shoots, sales of a
for instant ram when you look at that disclaimer. eric: do i have any recourse? >> sure.he there's a class-action lawsuit, and eric, i know you're a great social media guide. imagine if your picture picture is takn and posted on the instagram and use as a disservice somewhere,ff they are using her likeness and it is your picture, so it is very interesting even with the privacy policy they have maden changes and when you enter into joining and using it, you agree to those terms.ave of course you have a right and the cause of action againstn yo them. eric: maybe even sells the data, isn't it the same thing? tha >> if you recall, they have a class-action lawsuit about that ford advertisement and selling your information to companies and i think they settled for $915 million to make that go away because it was. wrong. agr i have to disclose that to you ahead of time and you have to knowingly agree to that. they cannot contractually agree to any of those terms but they do not block them from using it, so there's always a possibility they will pay, they have to be very careful and user-friendly but whe
the high-stakes weekend scramble friday night, imploring congressional leaders to take action immediately. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> reporter: with that harry reid and mitch mcconnell launched a last-ditch effort to craft a bipartisan plan to that would at the very least, protect most people from a big tax hike going into effect on new year's day. the senators and their staffs negotiated all day saturday. saturday night republican leader mcconnell made his offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are certainly no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> reporter: but the morning's optimism turned into the afternoon's pessimism. the senate opened for business at 1:00 p.m. with the ominous prayer from the chaplain. >> look with favor on our nation and save us from self-inflicted wounds. >> reporter: soon democratic leader reed acknowledged he had not bee
.vitac.com >>> "outfront" next, just six days until we all fall over the fiscal cliff and tonight, there's no action on capitol hill. will that change by the end of the year? tonight, two congressmen come out front to talk. plus, arizona's attorney general backs a plan reminiscent of the nra. and -- big from the worst of our politics. >>> i'm in for erin burnett. "outfront" tonight, christmas is over. washington back to work. the countydown is on. you've got six days to prevent this country from going over the fiscal cliff and today at least, we didn't see any action. nothing. now, i'm not trying to be a g n grinch here. i hope everyone's had a merry, merry christmas. >> drink some eggnog, have some christmas cookies, sing some christmas carols. >> but today's the 26th. you've drunk, you eaten and you've sung. now is the time for action. the latest news out of washington tonight, treasury secretary tim geithner told congress that the country will hit the debt ceiling on december 31st, some two months earlier than expected, but there's still no date yet on when the house of representatives will be c
and for our entire economy. but the hour for immediate action is here. it is now. >> the president correctly says the time for immediate action is now. apparently not his immediate action, though, with the nation facing a crippling fiscal cliff in just three days, the president calls congressional leaders together and says, you fix it. no, he doesn't offer any new plan from the white house, no compromise. instead the president tells the senate to come up with a deal and the same senate that hasn't passed a budget in years. and the marks don't like it at all, 158 points now tanking and falling further in the after market and we'll have to see how asia opens on monday. it could be ugly. the headlines are falling fast and furious. we're all over it "the kudlow report" starts right now. >>> welcome. i'm michelle caruso-cabrera in for larry kudlow. a lot happened in just the last couple of hours. >> michelle, there's considerably more optimism after the white house meeting between the president and the four bipartisan leaders than there was earlier in the day. mitch mcconnell and harry reid say t
at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets drop. we're back above 20 for the first time in fact in five months. up 14% in the past week. let's get trading action here at the nysc. mary thompson joins us on the floor. this is a vulnerable point for the markets. traders have been saying they're going to make a lot of noise and it will get made up. >> suddenly it isn't. so we're having a bit of a reality check. the dow, the s&p and the nasdaq all negative. it's the lowest now of the month. the vix is spiking. moving above the 20 level for the first time in five months. we want to point out the last time we had this angst over what was happening in washington was in august of 2011 when we had the debt crisis and the subsequent downgrade. at that point the vix was well above where it is, more than twice where it is. so while the fear index is high, up 31% in the last session
a $2 loss in the gold market. sharon epperson is track being the action down at the nymex. sharon? >> gold prices are finishing the day basically flat here, sue. we're right around $1,693 an ounce. keep in mind, gold prices have lost about $50 in the last week or so and goldman sachs today saying that they are lowering their three, six and 112-month forecasts on gold. they say $1,825 is down from the $1,840 level were expecting. for 2013 they look for the arch price to be $1,810. freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and gold holdings are at record levels. back to you. >> thank you very much, sharon. >>> let's get the trading action he
's actions will be analyzed. but here is what i believe if javon belcher didn't possess a gun. he and sandra perkins would be alive today. >> gretchen: i don't know it is interesting. you can't say that. when people want to kill other people . there is a lot of ways to do it i don't know. would the rage come out in a different way? would he have strangled her? i don't know if anybody knows quite frankly and it is dangerous to kind of make personal predictions when you don't have the facts . no one will know whether or not he would have killed her with or without a gun. >> brian: people with guns can get them. >> steve: he had them legally. >> brian: illegally? >> steve: legally. >> brian: i just don't know it is appropriate enough less than 24 hours after the guy took his girlfriend and mother of his baby to make that stance. i don't think we needed to hear that last night. >> steve: i think you are right. 10 after the top of the hour. >> gretchen: a dope smuggler rams his boat in a another boat. the coast guard intercepted two boats believed to be carrying marijuana. one of the drivers ran
subversive covert actions to the arming of syrian rebels to the direct use of force. >> their actions against their own people have been tragic but there is no doubt that there is line between even the horrors that they have already inflicted on the syrian people and moving to what would be internationally condemned step of utilizing their chemical weapons. >> that was secretary clinton speaking in prague today but keeping it vague as you saw shep as to what washington might do about it. >> this isn't the first time that the president and the secretary of state have drawn this red line. >> no, it's not. and critics of the obama administration warn that setting such a high bar to greater u.s. involvement in that conflict, namely the waging of chemical war by a nation against its own citizenry could be sending the assad regime the wrong message. >> it sort of suggests or implies that anything up to this red line we're not going to take action. and i think it will be disheartening for that reason to the syrian opposition because as we said, shep, 40,000 people have been killed and i think they w
democrats want action. they want to change e. senate majority leader harry reid wants three changes to the filibuster. they would make debates public and provide a shorter timeframe for breaking filibusters. these are minor reforms and the filibuster can still be used. republican minority leader mitch mcconnell railed against the changed earlier today. he said they were an effort to marginalize the minority party. harry reid hit right back at the gentleman from kentucky and referenced this comment senator john mccain made on monday. >> mr. chairman, i again apologize for what seems to have happened and much to my dismay it lends some credence to the argument that we ought not to do business the way that we are doing here in the the united states senate. >> senator john mccain was blaming rand paul of kentucky for holding up amendments on the defense authorization bill. in the process, mccain gave credence to filibuster reform. his comments step all over mitch mcconnell's claim. it's not an effort to marginalize the minority party. with 386 filibusters from republicans, these rule ch
and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonight. plus, senator barbara boxer on her new plan for national polling place standards. and a new poll shows half of all republicans think the defunct group a.c.o.r.n. stole the election from president obama. >> that's an eye opener. >> i wonder where they ever got that idea? >> you just have to wait and see what happens. >>> good to have you with us tonight, folks. thanks for watching. here is are the latest. republicans are at a stalemate with the white house for debt negotiations. republicans really only have two options now, bad and worse. "the new york times" is the latest outlet to report on senior republican leaders who are read
heritage action, 501-c3 which is renting the floor space in the rest of the heritage building and has been aggressively campaigning. during the congressional voting season against republicans, getting them to vote their way on various bills. irritating a lot of people. a lot of libertarians. a lot of moderates. this signals they're going to step that up. it's perfect for demint who has always done this. you haven't mentioned his legislation in your intro because he wasn't much of a legislator. he passed one bill that renamed a courthouse. he had stuff added to other bills. his strategy was to really slowly replace senators over the course of many years. that's what he'll do from the outside. >> right. he didn't so much create legislation as he created legislators. >> right. >> one thing here, his term if i'm not wrong, goes until 2016. it's somewhat atypical for senators to leave in the middle. being in the minority in the modern senate is not super fun and so it's hard to escape the impression here that a minority status that jim demint helped create led him to leave early. it's like he's
. >> the hour for immediate action is here. it is now. >> the president of the united states has to seize the moment. >> this is no different than a marriage. a lot o of marriages fail because they fight over money. >> the missing ingredient is presidential leadership. >> this is a manufactured crisis. it is manufactured by the republicans. >> the economy of the nation and the world may be at stake here. >> i still want to get this done. >> right now we are at a stalemate because we haven't been willing to or democrats haven't been willing to consider the issue of spending is all they want to deal with tax increases and that hurts the economy. >> this makes it look like we are are doing something. >> this is not for show. >> i can report now that all of the leaders from senator reid on the democratic side to speaker boehner for the republicans obviously they didn't go to the cameras after the this meeting here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this
her gun and began hiring. the officer who raced to her being hailed as heros. >> there are actions of protecting the community quickly escalated from responding to a call for service to performances of heroic actions by members of this police department. >> officers ruth burns and kevin stein both out of the hospital. officer james garber is also expected to be okay. the gunman was shot dead. preparations underway right now in new york city, just down the street for the 2013 ball drop today organizers will test out the confetti. throughout the year visitors to times square right new year's wishes on pieces of paper. i have not known that. they turn that into confetti. expected to watch the event for the first time in four decades it will not be hosted by dick clarming who passed away this year. a series of contributes are planned those are the headlines. have you ever in times square for the ball drop. >> never have and never will. >> juliet: if you are covering it and have access and raised up on platforms. i can't imagine. the people there you can't even leave. >> clean and comfo
can get in on the action. >>> plus iran launches six days of war games in the strait of hormuz. is the regime preparing to stir up trouble in the one of the world's critical oil routes? more "money" coming up adam: if you're just joining us it has been a wild day in those negotiations over the fiscal cliff. president obama's meeting with congressional leaders ended about an hour ago. the president will make a statement on the fiscal cliff at 5:45 eastern time. we'll take that same live at fbn we have a picture of the white house for you and we will keep you posted when the president comes to the camera. >>> the oil boom doing more than increasing chances we'll become energy independent. it is also bringing about booming investment in the transportation industry. a new report says estimated $45 billion, you heard me correctly, $45 billion bucks will be spent new, expanded pipelines, railcars, rail terminals and that is just next year. how do you get in on this, right? it is a windfall. but is it realistic? we'll turn to andy lipow. andy i would have assumed it was shipped by pip
such action would be completely unacceptable and a clear breach of international law. >> reporter: the move comes amidst u.s. concerns that the assad repeople may be cooking up recipes, mixing materials for chemicals. that possible preparation is taking place at more than one chemical plant in syria, officials say. u.s. intelligence shows nothing has been moved out of the facilities, however. and officials say there is no indication syria is on the verge of using chemical we papoweapon. in turkey monday, russian president putin called the deploy ment of the patriot missiles unnecessary. but tuesday, the russian foreign minister said any use of chemical weapons has grave implications. while down playing reports about syria. >> translator: we can call them rumors, but the syrian authorities are moving a stockpile of chemical weapons or that they want to use them. as soon as we hear such messages, we prepare. >> reporter: secretary of state hillary clinton spent the day meeting with her fellow ministers as they approved a plan to provide turkey with the missiles. nato says the number of missil
be ready to take action. here's abc's senior national correspondent jim avila. >> it was just grand. this was our dream. >> reporter: the family home, dream and nest egg for wisconsin's linda and jim mcmahon. until it had to be sold out from under linda to pay back a reverse mortgage as soon as her husband died. >> i get a letter, sorry to hear about your husband passing away. buy the house or move out. >> reporter: reverse mortgages give homeowners an immediate cash payment in exchange for future equity. allowing them to stay in the house until death. but only people 62 and older qualify. linda was too young to be on the mortgage, so, when her older husband died, she lost everything. it's only one danger inherent in the reverse mortgage. >> hi, i'm fred thompson. >> hi, i'm henry winkler. >> reporter: critics say the tv commercials prey on vulnerable seniors. and today, the government is warning that reverse mortgages are not free money. >> turn their equity into tax free cash. >> give you tax free cash. >> they are not being told about the down side. >> reporter: right now in amer
announced the action he's going to take. we heard from the first time from the powerful national rifle association saying they want to make sure a tragedy like this never happens again. "20/20" anchor chris cuomo is here to start us off on this. chris? >> diane, people are moved. we all want to make sure it never happens again. the question, which actions will follow? and the answers are starting to take shape. with each body buried, calls for change. just today, the white house voicesing support for new gun laws and an assault weapon ban, weapons that fire a success of bullets with each pull of the trigger. cerberus announcing the sale of a stake in the biggest maker of assault rifles. the union representing california teachers is releasing because of the its connection with bushmaster. >> people were passionate about the issue. >> reporter: the strive for culture change. making assault rifles taboo. >> a lot of people are getting behind and understanding that at the end of the day, it's not the dollar that counts. but the sense. the sense of what they are going with their money. the
leader in gun control, called the n.r.a.'s plan a distraction that's only intended to delay action by congress. >> should we have a conversation about school security? yes. should we have a conversation about mental illness and the culture of violence? yes. but we can't ignore the common denominator in all of these deadly massacres: access, easy access to killing machines. >> reporter: the fact is, scott, that one-third of america's public schools already have armed security and it's interesting to note an armed deputy sheriff was assigned to columbine high school near denver in 1999 but failed to stop that attack that killed 13. >> pelley: chip, thank you very much. of course, the best thing is to prevent a mass shooting and the united states secret service has spent years studying assassins and school shooters in order to do just that. brian vossekuil and robert fein wrote two studies for the secret service and they told us in an interview for "60 minutes" that gunmen often leave a lot of clues about their intentions. >> strong key to prevention is to encourage those with informa
to eliminate some of that. any action you can take right now? >> i'd check your withholding. if you are one of the 75% of americans who actually gets a refund each year, reducing your withholding could put more money in your pocket and actually temper the effects of the payroll tax holiday expiration. >> good to have you on tonight. thank you. >> thanks for having me. >> as we're hearing from a lot of americans worried about the fiscal cliff and its effect on their taxes on this final weekend before christmas, malls are packed across america. millions of folks, myself among them, doing a lot of last-minute shopping. nbc's michelle franzen is along 5th avenue here in midtown manhattan where the buying seems to be brisk. michelle, good evening. >> reporter: well, good evening, lester. shoppers are out tonight on this last saturday before christmas, typically one of the busiest days of the shopping season. whether shoppers are wrapping up gift buying or just getting started. but for some, that uncertainty over the fiscal economy is also affecting how much they'll spend. with just three more da
some action today. >> and it was crazy yesterday, watching that market. it was a little bit after we left the set yesterday morning, but watching it in the afternoon, there was information about scott brown, and oh, there is going to be a call to bring congress back in. it was amazing to see the market on that -- >> scott brown bottom, as a lot of people were calling it. you were down more than 51. >> and it is amazing to see how our fortunes are being tied the at this point to what is going on in d.c. and every minor tweet or post or headline or what not, at the end of the day, it was four straight losing sessions for the dow, nasdaq, as well as the s&p 500. certainly something we have to watch. in the meantime, the clock is not only ticking for the fiscal cliff, but time is running out to avoid a strike at ports in massachusetts and texas, that could affect containers to and from the u.s. from reaching their destination. talks are taking place in secrecy between the international long shoresman association and the u.s. maritime alliance in an effort to keep 14,000 longshoreman from
going forward. if you look at the month i think we'll see muted action in response to what's happening in terms of the fiscal cliff. there's enough arguments to believe it will sustain at these levels but i think we'll pick up serious action in the last ten days of the month and we could see significant volume come down here. >> that's what you want to see and that's what you're expecting end of the month there. let's talk about allocating capital. what do i do in the face of uncertainty, fiscal cliff, global, how do you want to allocate capital? >> we've been advocating clients stay diversified and the clear recollection that central banks had desire to increase wealth effect among stock and bond holders. have you to be careful of long-only actions. we had implemented hedge funds into our investors' portfolios, looking for nondirectional strategies like long short equity, currencies, assets that aren't as directly influenced or don't have as much beta in them relative to typical equity and bond portfolio. >> great point. i guess, you know what, if i had to pick who is the face of 2012
's hardly going to happen, but the american majority action, ama, is launching a #fireboehner campaign. how deep is this splintering? this always happens during tough negotiations. boehner i think is trying to rise above partisanship and get a deal. i think he's been very valiant. but sit going to take a toll on the gop internally? >> larry, i was at a very prominent conservative meeting in washington today, and you know who showed up? a congressman from kansas. he was booted off of his committee earlier today and he was very angry talking to conservative activists. here's why conservatives are angry. as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple dozen
, the employer would legally be well within their rights to take the appropriate action which means if you smoke too much, you're fired. >> guess that's a good answer to a clever conundrum they find themselves in. thank you so much. appreciate it. >>> coming up in ten minutes as well, the los angeles mayor is going to join me. he's going to talk about a federal crackdown on medical marijuana in california and now how all of this might square and he's also going to weigh in on his personal involvement to help fix the national debt and avoid the fiscal cliff. that's coming up in just a little bit. >>> we also can't leave seattle without taking note of another huge milestone in washington state. voters legalized same-sex marriage last month too so today here's the picture. midnight on the dot clerks handed out marriage licenses and those were the first two in line. they met on a blind date back in 1977 and they never thought that they would live to legally wed amongst all of these other people who showed up for their legal licenses in seattle. by the way, the ceremony of those elderly ladies like m
in action in afghanistan. his name wit we now know is nics checque. he was 28 years old from pennsylvania, a member of the elite seal team 6, the same unit that killed osama bin laden. over the weekend he and his teammates launched a mission to save an american doctor handle the taliban -- whom the taliban had taken hostage. it went down about 50 miles from the border of pakistan. the enemy fighters were reported reportedly well armed and we're told u they put up quite a figh. when it was all over, the doctor was safe but at th petty first s officer nicolas checque suffered wounds too severe to survive. what do we know about this hero from seal team 6, jennifer? >> reporter: he was from a suburb in pittsburgh, monroeville, pennsylvania, shepard. he was young and 28 years old, a member of the seal team 6. on sunday he was wounded as his team took heavy fire heading into rescue dr. joseph whose family issued this statement tonight. quote, we want to extend our deepest condolences to the family of the american say lor who died during dilip's rescue. we could not be more grateful for that sol
. >> the action is in the senate. we cannot talk about the house where we spent last month talking about the house and the white house. the place to keep your eye on is the senate as harry reid and mitch mcconnell will be doing more out of public view than they will win public view which make it hard to analyze. maybe they are doing nothing but history in the last couple crises suggest at this hour the people to watch are those two. tracy: you are saying until the 30 first potentially we get republicans to come to the middle on this week it had a deal by midnight on the 30 first. >> what would have to happen for the scenario i just described would come to pass is you have to have mitch mcconnell and senate republicans agreed to let it come to a vote and not obstruct or block it. if they did if it got to a vote in the senate there would be a few republicans who would support it and that would be enough to get through the senate and back to the house the question is how many house republicans would vote for something that extends tax rates for many people but not all people into next year. they woul
action. viagra. talk to your doctor. viagra. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> when you think superhigh speed competitions with teams of brawny athletes, you probably don't think sailboats. but the genteel sport is getting a makeover. and abc's own thrill-seeker, nick watt, went along for the ride. >> reporter: sailing, but not as we knew it. a gigantic catamaran, in san francisco bay sailing too close to the wind. the most advanced yacht on earth, capsizing this fall. on these boats, that's not even a sail. it's a carbon fiber wing. and the sailors, well, they're gymed-out beefcakes, suited up like football players
at the president as actions. the president doesn't want an agreement or compromise, he wants to get his way and that's why he won't come to the table with any serious proposal and talk, because we could get a solution that everybody could live with. >> it seems that there's a messaging problem. i don't understand why there's not a conversation if the taxes go up, the democrats would extend a republican proposal could keep it low. low taxes are in place and that's a republican package. if that doesn't happen, the democrats package with higher taxes is going up. i'm he not hearing the clarity. >> the orchestrated media give you two myths and act like the president has been negotiating, he hasn't come to the table with anything. all he does is press conferences. they want the illusion if the tax rates go up on everybody above 200,000 somehow that solves the problems. that's a minor point. what i stugd uggested to the speaker and the minority leader, take a conference call in the capitol and every morning, speaker, majority leader, the whip and our leadership team sit down at the table and say
back. 27 days after karl rove made a fool of himself on fox, bush's brain is back in action. rove and dick morris were benched by fox brass after being completely wrong about the 2012 election. on monday, the fox straight news show was granted special permission to put mr. rove back on the air. rove and joe trippy were asked to give their recommendation on the fiscal cliff. >> make believe you want to get to the compromise. >> let's cap it, itemize deductions. if you cap it at $25,000, you can lower all tax rates 20%, plus kill the alternative minimum tax forever and still have $1.3 trillion in revenue. or if you do it at $50,000 cap, it gives you $800 billion. >> oh, yes, rove is still the master of make believe. but he still must be under the impression that romney won the election. there's no way president obama and the democrats are going to lower tax rates by 20%. i've got to cut him some slack, though, it's been almost a month since he's had the opportunity to lie in public. as for dick morris, he's found something to do during his fox exile. ladies and gentlemen, the dick m
is the oldest living former president. >>> in the first official legal action now to come out of the connecticut school masacre, an attorney is seeking permission to sue the state for $100 million on behalf of a six-year-old survivor. the attorney claims connecticut school authorities failed to take steps to prevent and protect children from, quote, foreseeable harm. on december 14th, a gunman fatally shot 20 young children and six uh -- adults at sandy hook el in entry in newtown. elementary in newtown. now back to "huckabee." >>> the president has spent a lot of time talking about how his policies will improve the economy. but will his words translate into results in the new year? joining us is fox business network. charlie, always a pleasure to have you here. let's talk first about the actions of the federal reserve. the fed has been printing money right and left and hoping that somehow it is going to turn the economy around. obama promised that if we follow these policies, everything ought to be improving. >> hunky dory. i am not seeing it. looking uhed -- looking ahead to the new year, all
they think needs to be done is to get senate leader mcconnell to agree not to filibuster any action in the senate and then get speaker boehner to agree to put a bill forward on the house floor for a vote. if those two pieces happen, then they feel like there could be something done before new year's. so it's sort of con joeling mitch mcconnell to agree to those actions on those parts. if the president can get that done, we don't have much time left for the rest of the pieces to fall into place. >> jessica, i'm sure you saw harry reid on the floor there today really going after speaker boehner, which is just more and more of the blame game. can anything get done when all they are doing is fighting and blaming each other? >> for the longest time, we thought this is a lot for the last few weeks of public posturing. behind the scenes, they must have a secret deal worked out, but in the end they will come out with a deal to get this done before new year's. but it hasn't turned out that way, has it? so it's not surprising there's an enormous amount of partisanship given each side wants to
. in a story that 3 of has been in front of. toyota announcing a massive payout. $1.1 billion to settle a class-action lawsuit by customers who say their toyotas accelerated out of control. in addition the they agreed to modify car and take action beyond that. all told 16 million people may be covered by the settlement which follows $17 million fine toyota paid regulators earlier this month. 360 has been on this from the beginning uncovering details no one else has. in february, drew griffin broke the story of a documented link between the company's history of unintended acceleration and toyota software. that report highlighted an internal engineering memo. the company concedes it did not provide to government investigators an his story featured a customer who said she is convinced her new lexus surged ahead on its own. >> tanya thought the problems with suddenly accelerating toyotas were old news which is why she bought the car of her dreams. this 2011 lexus es 350 last june. >> did you think it was solved? >> i thought most definitely it was solved. the federal government tested toyota. they said it
its biggest sales last saturday. >>> a class action against instagram in response to last week's uproar over revised service terms that suggest user photos might be sold without consent. facebook vows to fight it vigorously. >>> the tsa is testing a pilot program that lets average traveler keep their shoes on and leave liquids on their carry-on bags and the test you have to get past a bomb sniffing bag and agent especially trained to detect suspicious behavior. >>> the world's longest running high speed train is off between beijing and qiang jo will take eight hours instead of 20. >>> and in wake of the tragedy at newtown, now known as the 26 acts movement, wand more about this from carl. >> reporter: it started with a simple idea posted to twitter. what if we could honor the 26 lives lost at sandy hook elementary with small acts of kindness, leaving a stranger an unexpected tweak or inspirational message or a way to keep warm. >> i've always made quilts. i thought, wouldn't it be nice to make quilt, one for each child. and then donate them. >> reporter: using the #26acts, peop
. to tell you the truth, i think probably the best course of action now is to see if we do a discharge petition in the house. we have all the democrats coming on board and get 15 or 20 republicans coming on saying you know what, the wealthiest people can pay a little bit more in taxes. if you do that, we can rapidly move to the solution to the situation. >> nancy pelosi tried to do that and the signature is not there. chuck hegel was a colleague of yours. are you surprised about the criticism he received from the left and the right being the possible nominee for president obama in the obama administration in the second term? >> hegel used on foreign policy, but he hasn't received a lot of criticism. how much of that is justified? i can't tell you. >> senator from vermont, we thank you for joining us the day after christmas. >> joining us to talk big picture and the president's second term cabinet, nbc editor mark murray was the december employee of the month. congratulations. >> excuse me. you heard from senator sanders saying the lack of urgency hasn't been a problem, but if you look
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